IXICO Net Borrowings vs Change To Inventory Analysis
IXI Stock | 11.50 0.25 2.13% |
IXICO PLC financial indicator trend analysis is infinitely more than just investigating IXICO PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IXICO PLC is a good investment. Please check the relationship between IXICO PLC Net Borrowings and its Change To Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IXICO PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Borrowings vs Change To Inventory
Net Borrowings vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IXICO PLC Net Borrowings account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IXICO PLC's Net Borrowings and Change To Inventory is -0.07. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of IXICO PLC, assuming nothing else is changed. The correlation between historical values of IXICO PLC's Net Borrowings and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of IXICO PLC are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Borrowings i.e., IXICO PLC's Net Borrowings and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from IXICO PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IXICO PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IXICO PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 2 M, whereas Tax Provision is forecasted to decline to (221 K).
IXICO PLC fundamental ratios Correlations
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IXICO PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IXICO PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.1M | 14.3M | 14.7M | 13.0M | 8.2M | 9.4M | |
Other Current Liab | 1.4M | 1.3M | 1.3M | 1.0M | 1.2M | 1.3M | |
Total Current Liabilities | 2.7M | 2.1M | 1.7M | 1.3M | 1.7M | 1.8M | |
Total Stockholder Equity | 9.1M | 11.5M | 12.5M | 11.4M | 6.5M | 7.4M | |
Property Plant And Equipment Net | 1.0M | 1.1M | 817K | 518K | 202K | 287.4K | |
Net Debt | (7.7M) | (6.1M) | (5.3M) | (3.6M) | (6.0M) | (6.3M) | |
Retained Earnings | (83.2M) | (81.2M) | (80.1M) | (7.4M) | (41.0M) | (43.0M) | |
Accounts Payable | 176K | 734K | 254K | 86K | 522K | 416.2K | |
Cash | 7.9M | 6.7M | 5.8M | 4.0M | 6.0M | 4.6M | |
Non Current Assets Total | 1.8M | 3.8M | 5.4M | 6.7M | 202K | 191.9K | |
Non Currrent Assets Other | (1.8M) | (3.8M) | (5.4M) | 39K | (6.0M) | (6.3M) | |
Cash And Short Term Investments | 7.9M | 6.7M | 5.8M | 4.0M | 6.0M | 7.2M | |
Common Stock Total Equity | 7.9M | 7.9M | 471K | 512K | 588.8K | 559.4K | |
Common Stock Shares Outstanding | 47.5M | 50.4M | 50.8M | 48.3M | 1.4M | 1.3M | |
Liabilities And Stockholders Equity | 12.1M | 14.3M | 14.7M | 13.0M | 8.2M | 9.4M | |
Non Current Liabilities Total | 302K | 633K | 427.0K | 277K | 522K | 307.1K | |
Other Current Assets | 396K | 1.2M | 1.2M | 1.3M | 1.2M | 1.7M | |
Other Stockholder Equity | 84.4M | 84.4M | 10.7M | 11.0M | 47.0M | 40.6M | |
Total Liab | 3.0M | 2.8M | 2.2M | 1.6M | 1.7M | 2.0M | |
Property Plant And Equipment Gross | 1.0M | 1.9M | 2.1M | 2.2M | 202K | 191.9K | |
Total Current Assets | 10.3M | 10.5M | 9.3M | 6.3M | 8.0M | 8.5M | |
Short Term Debt | 168K | 78K | 122K | 112K | 1K | 950.0 | |
Common Stock | 469K | 471K | 482K | 484K | 512K | 486.4K | |
Accumulated Other Comprehensive Income | 7.4M | 7.4M | 7.3M | 7.3M | (449K) | (471.5K) | |
Net Receivables | 1.4M | 2.6M | 2.2M | 945K | 963.6K | 1.2M | |
Property Plant Equipment | 1.0M | 1.1M | 817K | 202K | 232.3K | 283.2K | |
Current Deferred Revenue | 761K | 475K | 673K | 529K | (1.2M) | (1.1M) | |
Intangible Assets | 796K | 2.7M | 4.6M | 6.1M | 162K | 153.9K | |
Net Tangible Assets | 7.6M | 8.3M | 8.5M | 7.9M | 7.1M | 6.3M | |
Capital Surpluse | 84.4M | 84.4M | 84.5M | 84.8M | 97.5M | 91.9M | |
Net Invested Capital | 9.1M | 11.2M | 12.5M | 11.4M | 13.1M | 9.8M | |
Net Working Capital | 7.6M | 8.1M | 7.5M | 5.0M | 5.8M | 7.1M | |
Capital Stock | 7.9M | 471K | 482K | 484K | 435.6K | 413.8K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IXICO Stock
Balance Sheet is a snapshot of the financial position of IXICO PLC at a specified time, usually calculated after every quarter, six months, or one year. IXICO PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IXICO PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IXICO currently owns. An asset can also be divided into two categories, current and non-current.